The Bank of Miyazaki (8393) Earnings: Ordinary Profit Up 18.7% YoY to ¥6.024 Billion

The Bank of Miyazaki (8393) has announced its financial results, reporting that ordinary profit rose 18.7% year-on-year to ¥6,024 million. Ordinary revenue was ¥28,395 million, a 33.1% increase compared to the same period of the previous year. Net income attributable to owners of the parent grew 25.1% to ¥4,471 million, resulting in earnings per share (EPS) of ¥53.28.

Regarding the financial foundation and valuation metrics, the bank maintains a solid retained earnings base of ¥160.1 billion, reflecting its accumulated reserves. Meanwhile, the capital adequacy ratio stands at 5.6%, with a return on equity (ROE) of 2.40% and a return on assets (ROA) of 0.11%. Comprehensive income also expanded significantly by 43.9% year-on-year to ¥11,874 million, underscoring a steady expansion in the bank's overall financial performance.